what is the effect of crr hike on market?
Answer Posted / kc
CRR is the amount of funds commercial banks have to keep
with RBI.If RBI decides to increase the percent of this,
the available amount with the banks comes down. RBI is
using this method (increase of CRR rate), to drain out the
excessive money from the banks.
Is This Answer Correct ? | 12 Yes | 2 No |
Post New Answer View All Answers
What is more important work or money?
Tell something about current Five Year Plan?
What makes a good financial model?
What are shares? What are nominal value/ free value of shares?
What is the minimum and the maximum period for the fix deposit?
What is the use of Computers in a Bank?
What is 'consolidated fund'?
Explain dematerialization?
Please tell something about ex-president APJ Kalam. Why he was so popular?
Give one point of difference between debit card and the credit card?
The CEO of a $500 million company has called you, her investment banker. She wants to sell the company. She wants to know how much she can expect for the company today.
Describe the difference between being a manager and a leader and a follower?
hi i'm Praveen Kumar, i'm selected for sbi 2010 exam. what are the types of questions in sbi? wher can i read online or is there any book which you would prefer. my number: +91 9962365897 thanks in advance
What is 'saving bank account'?
How will you differentiate between revenue deficit and fiscal deficit?